From the trading data, spot trading volume shows a compound growth trend. Driven by the CLOB order book model and core AMM liquidity mining, Sei Chain's spot trading volume reached approximately $4.6 billion in Q3 2025. This figure reflects not only trading enthusiasm but also the gradual accumulation and validation of on-chain real liquidity and market depth.
In terms of user activity, Sei has about 788,000 daily active addresses, a scale sufficient to support a healthy ecosystem trading market. The growth in trading volume, ample liquidity, and expanding user base form a positive feedback loop. This structured progress is an important indicator of a public chain's market maturity.
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SerumDegen
· 13h ago
ngl the 46b volume number hits different when you actually see real liquidity sticking around... not just another liquidation cascade waiting to happen tbh
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DuckFluff
· 13h ago
$4.6 billion in trading volume sounds impressive, but how long this data can be sustained is the key.
Sei seems to really have something, with 780,000 daily active users, which is also okay.
Is liquidity consolidating? Not really convinced. Let's wait until the market cools down.
Good-looking data is one thing, but sustainability is another; otherwise, it's just a flash in the pan.
I'm a bit optimistic, but I still need to observe further.
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OnchainFortuneTeller
· 13h ago
$4.6 billion in trading volume sounds impressive, but can Sei sustain this momentum? Are 780,000 daily active users really enough...
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Wait, the CLOB+AMM combo is serious; liquidity is indeed accumulating.
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Basically, users are truly trading, not just air trading pairs, right?
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78.8K daily active users, is this data reliable? Feels like it's higher than a few months ago.
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Positive feedback sounds great, but don’t end up being the next bunch of bagholders...
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$4.6 billion is not a small number; Sei is aiming for a turnaround.
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Liquidity accumulation ≠ real cash being accumulated; we need to see the proportion of actual trading volume.
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SmartContractDiver
· 13h ago
4.6 billion in trading volume sounds impressive, but the real hard currency is the liquidity that can truly settle down.
Can Sei hold on this time? Not afraid of another chain slip later.
788,000 daily active users sounds good, but how many genuine traders can be retained?
This data feels a bit overhyped; we need to see the actual transaction details.
Positive feedback sounds nice, but in the crypto world, such feedback often comes quickly and goes just as fast.
The CLOB mode is indeed interesting, but the ecosystem depth is still far behind.
No matter how good the hype, it depends on whether they can maintain this scale in the future.
Looks promising, but I'm just worried it might be another fleeting data boom.
How much of this 4.6 billion trading volume is actually real after deducting wash trading?
Trading volume has increased, but the key is how many of these new users can actually stay.
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NotFinancialAdvice
· 13h ago
$4.6 billion sounds impressive, but it depends on how much of that trading volume is just noise.
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788,000 daily active users? Can this scale compare to mainstream chains, or is it just a temporary thing?
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CLOB plus AMM dual-driven, sounds quite scientific. How's the actual user experience?
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Positive feedback is good, but the concern is if it suddenly breaks one day... long-term observation is needed.
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The maturity level has increased, but the question is how long it can be maintained, and that's the key.
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ETHReserveBank
· 13h ago
A 4.6 billion trading volume is indeed impressive, but it still feels like we need to see if it can stay stable in the future.
SEI is currently a bit popular, but don't be fooled by the data; liquidity depth needs to be tested over time.
780,000 daily active users sounds like a lot, but it's far behind the BTC ecosystem. In the long run, more killer apps are needed.
The market maturity of Sei Chain is accelerating.
From the trading data, spot trading volume shows a compound growth trend. Driven by the CLOB order book model and core AMM liquidity mining, Sei Chain's spot trading volume reached approximately $4.6 billion in Q3 2025. This figure reflects not only trading enthusiasm but also the gradual accumulation and validation of on-chain real liquidity and market depth.
In terms of user activity, Sei has about 788,000 daily active addresses, a scale sufficient to support a healthy ecosystem trading market. The growth in trading volume, ample liquidity, and expanding user base form a positive feedback loop. This structured progress is an important indicator of a public chain's market maturity.